The Marginal Cost Is The

question 242

Multiple Choice

The marginal cost is the:

• A) b and c.
• B) change in total cost as the quantity changes by one unit.
• C) change in total variable cost as the quantity changes by one unit.
• D) change in total fixed cost as the quantity changes by one unit.
• E) same as the fixed cost when average fixed cost is at a minimum.

---

Definitions:

Free Exercise Clause

A clause within the First Amendment of the U.S. Constitution that ensures people have the freedom to observe their religious beliefs without hindrance from the government.

Establishment Clause

Refers to the part of the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion or favoring one religion over others.

Equal Protection

The constitutional guarantee that no person or group will be denied the same protection of the laws that is enjoyed by similar persons or groups.

Imminent Lawless Action

A legal standard for limiting free speech established by the U.S. Supreme Court, intended to prevent advocacy of illegal action if imminent.